Several Indian states are presenting their budgets for the financial year 2025-26, outlining key allocations and fiscal projections. From Maharashtra’s ₹7 lakh crore budget to Karnataka’s ₹4.08 lakh crore plan, here’s a breakdown of the major announcements across states.By CNBCTV18.com March 11, 2025, 1:40:17 PM IST (Published) Maharashtra | Finance Minister Ajit Pawar presented his 11th state budget in the legislative assembly, with a total expenditure of ₹7,00,020 crore for 2025-26. The fiscal deficit is estimated at ₹1,36,234 crore, while revenue receipts stand at ₹5,60,963 crore and revenue expenditure at ₹6,06,855 crore. Karnataka | Chief Minister and Finance Minister D. Siddaramaiah tabled a ₹4,08,647 crore budget, marking his record 16th budget presentation. The state’s revenue receipts are projected at ₹2,92,477 crore, with an additional ₹67,877 crore expected from the central government. Bihar | The Nitish Kumar-led government presented a ₹3.17 lakh crore budget, the last before the scheduled Assembly elections in November 2025.
West Bengal | Finance Minister Chandrima Bhattacharya unveiled a ₹3.89 lakh crore budget for 2025-26, the Mamata Banerjee government’s last full-fledged budget before the 2026 state elections. The state allocated ₹1,18,294.89 crore for gender-specific schemes. Jammu & Kashmir | Chief Minister Omar Abdullah presented the first budget of the Union Territory, amounting to ₹1.12 lakh crore for 2025-26. Jharkhand | Finance Minister Radha Krishna Kishore tabled a ₹1.45 lakh crore budget. The state’s estimated tax revenue for 2025-26 stands at ₹35,200 crore. Andhra Pradesh | Finance Minister Payyavula Keshav presented a ₹3,22,359.33 crore budget for 2025-26 in the Assembly in Amaravati. The state has allocated ₹31,806 crore for school education and development.Continue Reading
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